No differences with govt over setting up of PDMA: RBI

Last Updated: Monday, March 23, 2015, 14:09

There are no differences with the government over setting up of an agency for raising public debt, RBI Deputy Governor S S Mundra said Friday.

RBI to talk to banks about passing rate cut benefits to customers

Last Updated: Friday, March 20, 2015, 12:12

The central bank plans to talk with lenders about passing on interest rate cuts through lower lending rates, Reserve Bank of India Deputy Governor S.S. Mundra said on Friday.

RBI expresses concern over delay in appointing heads of banks

Last Updated: Thursday, February 26, 2015, 19:18

Expressing concern over the delay in appointing heads of three large public sector lenders, RBI Deputy Governor S S Mundra said that the central bank has urged the government to expedite the process in this regard.

India should meet RBI inflation target by Jan 2016 - RBI deputy

Last Updated: Thursday, February 26, 2015, 12:14

India is likely to meet the central bank`s inflation target of 6 percent by January 2016, while economic growth is expected to gradually pick up, Reserve Bank of India Deputy Governor S.S. Mundra said on Thursday.

'If mobile numbers can be ported why not bank a/cs'

Last Updated: Friday, January 30, 2015, 00:32

As technological advancements continue to change the world of finance and banking, Reserve Bank Deputy Governor S S Mundra on Thursday called upon bankers to "reinvent themselves" if they want to remain relevant.

'Not just credit cost, other factors too slowing loan offtake'

Last Updated: Friday, January 2, 2015, 21:18

Defending RBI policies on interest rates, Deputy Governor S S Mundra on Friday said not just cost of capital but other factors are also responsible for low credit offtake.

LT of imported coal landed at Mundra port: Coal India

Last Updated: Monday, December 15, 2014, 17:25

State-owned Coal India Ltd Monday said the first shipment of 1.79 lakh tonnes of imported coal has landed at Mundra port and would be supplied to the power companies.

Tata Power may not source coal from Indonesia for Mundra

Last Updated: Sunday, November 30, 2014, 10:41

The company owns stake in KPC mining company in Indonesia which owns and operates coal blocks in the island nation.

Tata Power exits Indonesian coal firm Arutmin for $500 million

Last Updated: Friday, January 31, 2014, 22:04

Tata Power on Friday announced sale of its 30 percent stake in Indonesian coal company PT Arutmin for USD 500 million (Rs 3,150 crore) to cut its debt.

Bank of Baroda raises $750 million from overseas bonds

Last Updated: Thursday, January 16, 2014, 20:59

State-run Bank of Baroda (BoB) on Thursday said it has successfully raised USD 750 million through an international bond sale at a coupon of 4.8 percent.

Restoration work at Mundra plant completed: Tata Power

Last Updated: Friday, December 6, 2013, 23:21

Tata Power's 4,000-MW ultra mega power project at Mundra in Gujarat caught fire on November 18 last month, partly affecting coal feeding conveyors.

CERC order on Mundra UMPP likely this month-end: Tata Power

Last Updated: Wednesday, December 4, 2013, 15:10

Tata Power, nation's largest private power producer, has said the electricity regulator CERC's order for granting compensatory tariff for the company's Mundra project is likely to come up by month-end.